Question
What is the maximum tenure allowed for which the elected
director can hold office in Public Sector Bank under the Governance 2025 Directions?Solution
Tenure -Under the RBI (Commercial Banks β Governance) Directions, 2025, an elected director (shareholder director) in a Public Sector Bank (PSB) typically holds office for a term of three years and is eligible for re-election, with a maximum total tenure of six years, whether served continuously or intermittently.
What is the minimum age for a person to be appointed as a director in a bank?
The Chair of the Board in a Private Sector Bank must be:
Is an elected director eligible for re-election after completing a term?
The Phillips Curve represents the relationship between _____ ( i ) and _____ (ii) in the short run. However, in the long run , the Phillips Curve become...
In order to ensure continuous regulatory oversight and adherence to the βfit and properβ criteria for directors, Non-Banking Financial Companies (NB...
The "Long Form Audit Report" (LFAR) is reviewed by:
A former elected CA director of a PSB cannot be allotted professional work for:
Which of the following is NOT one of the 7 broad reporting themes for the Board?
While recommending a candidate for the post of Chief Vigilance Officer (CVO), a PSB should primarily ensure that the candidate:
Which of the following persons is disqualified due to political position?